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Table 2 Descriptive statistics

From: Whether and when did bitcoin sentiment matter for investors? Before and during the COVID-19 pandemic

 

Bitcoin

Sentiment

#newcases

#newdeaths

EMVID

Observation Period

1.01.2016–30.06.2021

1.01.2016–30.06.2021

22.01.2020–30.06.2021

22.01.2020–30.06.2021

22.01.2020–30.06.2021

Mean

0.23%

0.00%

346,585

7482

21.40

Std. Dev

4.10%

3.07%

244,264

4250

14.97

Minimum

− 49.73%

− 24.27%

0.0

0.0

0.0

Maximum

22.76%

17.41%

905,378

18,057

112.93

Skewness

− 0.93

− 0.53

0.29

0.15

1.84

Kurtosis

13.70

5.15

− 0.94

− 0.50

5.44

Jarque–Bera

16,041***

2326***

26.96***

7.59**

957***

  1. This table presents descriptive statistics for daily return on Bitcoin price and change in sentiment for the period between 1st January 2016 and 30th June 2021; and daily COVID-19 new cases, COVID-19 new deaths and EMVID index from 22nd January 2020 to 30th June 2021. Jarque–Bera null of normality test returns Chi-squared test statistics and asymptotic p-values. ***indicates p < 0.01